By Stephen Johnson For Daily Mail Australia
Published: 06:42 BST, 11 June 2019 | Updated: 06:43 BST, 11 June 2019
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Grocery items from chickens to beer are much cheaper now than they were 25 years ago, at least when it comes to the buying power of wages.
A Woolworths catalogue from 1994 showed a 1.45kg chicken selling for $5.29, or about $3.65 a kilogram.
In 2019, a similar-sized free range chicken is selling for $11.60 or $8 a kilogram.
The price of chicken has risen by just 25 cents a year, on average, since the mid-1990s.
Grocery items are cheaper now than they were 25 years, at least when it comes to the buying power of wages. A Woolworths catalogue from 1994 showed a 1.45kg chicken selling for $5.29, or about $3.65 a kilogram (pictured is a Woolworths newspaper ad from 25 years ago)
Put another way, an average weekly wage of $620, or $32,240 a year, in mid-1994 bought 117 size 14 chickens.
In 2019, a typical full-time wage of $1,604.90, or $83,455, buys 138 chickens, or 18 per cent more than 25 years ago.
CommSec chief economist Craig James said a raw chicken